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HR 1919
Passed House Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

Anti-CBDC Surveillance State Act

Introduced Mar 6, 2025

Latest action (Jul 17, 2025) Motion to reconsider laid on the table Agreed to without objection.

Referred to
Financial Services Committee
Policy area
Finance and Financial Sector
Issues
Technology & Privacy
Legislative subjects (5)
Bank accounts, deposits, capitalComputers and information technologyCurrencyDigital mediaFinancial services and investments

Summary

This bill prohibits the Federal Reserve banks from directly offering financial products or services to individuals, including maintaining individual accounts or issuing central bank digital currency. It also prohibits the Federal Reserve from offering digital currency indirectly through financial institutions or intermediaries. The bill prevents the Federal Reserve Board of Governors from testing, studying, developing, or creating a central bank digital currency, and forbids using such currency to implement monetary policy. The legislation includes an exception for open, permissionless, private dollar-denominated currencies that maintain privacy protections equivalent to physical currency. It expresses the sense of Congress that the Federal Reserve currently lacks authority to issue central bank digital currency without Congressional approval.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
135 cosponsors

Actions (16)
  1. Jul 17, 2025 The previous question was ordered pursuant to the rule. · house
  2. Jul 17, 2025 Motion to reconsider laid on the table Agreed to without objection. · house
  3. Jul 17, 2025 On passage Passed by the Yeas and Nays: 219 - 210 (Roll no. 201). (text of amendment in the nature of a substitute: CR H3427-3428) · house
  4. Jul 17, 2025 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 210 (Roll no. 201).
  5. Jul 17, 2025 Considered as unfinished business. (consideration: CR H3450) · house
  6. Jul 17, 2025 POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 1919, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. · house
  7. Jul 17, 2025 DEBATE - The House proceeded with one hour of debate on H.R. 1919. · house
  8. Jul 17, 2025 Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582. · house
  9. Jul 17, 2025 Considered under the provisions of rule H. Res. 580. (consideration: CR H3427-3434) · house
  10. Jul 15, 2025 Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582. · house
  11. May 6, 2025 Placed on the Union Calendar, Calendar No. 66. · house
  12. May 6, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-92. · house
  13. Apr 2, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22. · house
  14. Apr 2, 2025 Committee Consideration and Mark-up Session Held · house
  15. Mar 6, 2025 Referred to the House Committee on Financial Services. · house
  16. Mar 6, 2025 Introduced in House

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Roll-call votes (1)

How the chamber voted on this bill — the outcome, the tally by party, and every member's recorded position. A factual record.

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

  • HR 3633 — Digital Asset Market Clarity Act (shares 5 subjects)
  • HR 2392 — STABLE Act of 2025 (shares 5 subjects)
  • S 1582 — GENIUS Act (shares 4 subjects)
  • HR 7314 — Advancing Commonsense Policies Act (shares 3 subjects)
  • HR 7056 — Community Bank Regulatory Tailoring Act (shares 3 subjects)
  • S 2882 — Continuing Appropriations and Extensions and Other Matters Act, 2026 (shares 3 subjects)
  • HR 5450 — Continuing Appropriations and Extensions and Other Matters Act, 2026 (shares 3 subjects)
  • HR 2384 — Financial Technology Protection Act of 2025 (shares 3 subjects)

Text versions (3)
  • Engrossed in House · Jul 17, 2025
  • Reported in House · May 6, 2025
  • Introduced in House · Mar 6, 2025

Full text

AN ACT

To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Anti-CBDC Surveillance State Act”.

SEC. 2. PROHIBITION ON FEDERAL RESERVE BANKS RELATING TO CERTAIN PRODUCTS OR SERVICES FOR INDIVIDUALS AND PROHIBITION ON DIRECTLY ISSUING A CENTRAL BANK DIGITAL CURRENCY.

Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.) is amended by adding at the end the following new paragraph:

“(18)(A) A Federal reserve bank may not—

“(i) offer financial products or services directly to an individual;

“(ii) maintain an account on behalf of an individual; or

“(iii) issue a central bank digital currency, or any digital asset that is substantially similar under any other name or label.

“(B) In this paragraph, the term ‘central bank digital currency’ has the meaning given that term under section 10(11)(D).”.

SEC. 3. PROHIBITION ON FEDERAL RESERVE BANKS INDIRECTLY ISSUING A CENTRAL BANK DIGITAL CURRENCY.

Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.), as amended by section 2, is further amended by adding at the end the following paragraph:

“(19)(A) A Federal reserve bank may not offer a central bank digital currency, or any digital asset that is substantially similar under any other name or label, indirectly to an individual through a financial institution or other intermediary.

“(B) In this paragraph, the term ‘central bank digital currency’ has the meaning given that term under section 10(11)(D).”.

SEC. 4. PROHIBITION WITH RESPECT TO CENTRAL BANK DIGITAL CURRENCY.

Section 10 of the Federal Reserve Act (12 U.S.C. 241 et seq.) is amended by inserting before paragraph (12) the following:

“(11) Prohibition with respect to central bank digital currency.—

“(A) In general.—The Board of Governors of the Federal Reserve System may not test, study, develop, create, or implement a central bank digital currency, or any digital asset that is substantially similar under any other name or label.

“(B) Monetary policy.—The Board of Governors of the Federal Reserve System and the Federal Open Market Committee may not use a central bank digital currency to implement monetary policy, or any digital asset that is substantially similar under any other name or label.

“(C) Exception.—Subparagraph (A) and sections 16(18)(A)(iii) and 16(19)(A) may not be construed to prohibit any dollar-denominated currency that is open, permissionless, and private, and fully preserves the privacy protections of United States coins and physical currency.

“(D) Central bank digital currency defined.—In this paragraph, the term ‘central bank digital currency’ means a form of digital money or monetary value that is—

“(i) denominated in the national unit of account;

“(ii) a direct liability of the Federal Reserve System; and

“(iii) widely available to the general public.”.

SEC. 5. SENSE OF CONGRESS.

It is the sense of Congress that the Board of Governors of the Federal Reserve System currently does not have the authority to issue a central bank digital currency, or any digital asset that is substantially similar under any other name or label, and will not have such authority unless Congress grants it under Congress’s Article 1 Section 8 powers.

Passed the House of Representatives July 17, 2025.

Attest:

Clerk. 119th CONGRESS

1st Session

H. R. 1919

AN ACT

To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.

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